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A high demand for surgical procedures is being witnessed, especially in developed regions owing to the ageing population suffering from chronic diseases. Intravenous therapy is defined as the use of infusions to deliver desired liquid medications into the veins of the affected individuals.
Key Growth Drivers:
- Geriatric Population
The rise in the geriatric population across the globe acts as one of the major factors driving the growth of intravenous (IV) equipment market as ageing population is more prone to chronic diseases.
- Demand for Ambulatory Infusion Pumps
The increase in demand for ambulatory infusion pumps owing to the growing home care sector accelerate the market growth.
- Surgical Procedures
The surge in the number of surgical procedures due to the high prevalence of chronic diseases along with the rising requirement for administering timely medications to patients further influence the market.=
The report outlines the involvement of key players, including:
Some of the major players operating in the intravenous (IV) equipment market are B. Braun Melsungen AG (Germany), 3M (US), Terumo Corporation (Japan), Abbott (US), Teleflex Incorporated (US), BD (US), Henry Schein, Inc. (US), Smiths Medical (US), Baxter. (US), Ascor S.A. (Switzerland), Moog Inc. (US), AngioDynamics. (US), ICU Medical, Inc. (US), Fresenius SE & Co. KGaA (Germany), Animas LLC (US), arcomed ag (Switzerland), International WIN, LTD. (US), and The Metrix Company (US), among others.
Key Market Segmentation
Product (Intravenous (IV) Catheters, Administration Sets, Infusion Pumps, Securement Devices, Stopcocks and Check Valves, Drip Chambers, Needleless Connectors and Other Intravenous (IV) Equipment), End User (Hospitals and Clinics, Home Care, Ambulatory Care Centres, and Others)
The Intravenous (IV) Equipment market report includes the following countries in different regions:
The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here's an overview of the regions and the countries they include:
- North America: United States, Canada, and Mexico.
- Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
- Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
- Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
- South America: Brazil, Argentina, and other countries in South America.
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